BP sees huge profit due to high oil and gas prices

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The energy giant says it made $8.2bn between July and September as energy prices rose. …

Commenting on whether oil firms should pay more tax, Nick Butler, a former BP executive who is now a visiting professor at King’s College London, told the BBC’s Today programme: “They have to balance what they pay in tax, what they invest in the future and what they pay back to shareholders.

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